Reykjavik, May 22, 2012

Today Intellix and Intellecta, a leading Icelandic management consulting firm with a base in Reykjavik, signed a partner agreement. The aim is that Intellix will involve Intellecta in Icelandic software projects where understanding of business processes and assistance in change management is a vital part of a project. Intellecta will also market and sell Intellix products and services in Iceland.

Intellix CEO Mr. Per Schmidt says: “We are extremely excited about the opportunities laying ahead of us in Iceland and elsewhere and entering into a partner agreement with such a professional organization as Intellecta. It will further strengthen our offering in Iceland. After initial training of Intellecta’s consultants in the Intellix suite of products and services we will jointly work on a number of projects in Iceland that we have in the pipeline.”

Intellecta´s CEO Mr. Einar Thor Bjarnason commented: “At Intellecta we have been assisting our clients in improving their operation and to be better equipped to succeed in an ever competitive world. Now with Intellix products that so intuitively capture all the vast knowledge needed to get better and faster decisions, we feel fortunate to be able to offer it to our clients as well participating in further developments. This will be the enabler our clients have been waiting for.

About Intellecta: Intellecta is an independent management consulting firm. It strives to improve organizations´ operations in order to achieve their goals. Intellecta works with all kinds of firms and organizations, ranging from start-up ventures to large multinational conglomerates within biotechnical industry, heavy process industry, food processing or sensitive service and health organizations. Intellecta was established in 2000 and is a growing organization. Currently, Intellecta employs ten highly qualified consultants.

For further information please contact:

Per Schmidt, CEO, Intellix
ps@intellix.com

Einar Thor Bjarnason, CEO, Intellecta
einar@intellecta.is
Phone: +354 821 1143